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Chapter 4 Solutions
Numerical Analysis
- I worked out the answers for most of this, and provided the answers in the tables that follow. But for the total cost table, I need help working out the values for 10%, 11%, and 12%. A pharmaceutical company produces the drug NasaMist from four chemicals. Today, the company must produce 1000 pounds of the drug. The three active ingredients in NasaMist are A, B, and C. By weight, at least 8% of NasaMist must consist of A, at least 4% of B, and at least 2% of C. The cost per pound of each chemical and the amount of each active ingredient in one pound of each chemical are given in the data at the bottom. It is necessary that at least 100 pounds of chemical 2 and at least 450 pounds of chemical 3 be used. a. Determine the cheapest way of producing today’s batch of NasaMist. If needed, round your answers to one decimal digit. Production plan Weight (lbs) Chemical 1 257.1 Chemical 2 100 Chemical 3 450 Chemical 4 192.9 b. Use SolverTable to see how much the percentage of…arrow_forwardPopulation decreases 5% each year. Starts with a starting population of 3705. Find that population after 5 years.arrow_forwardsolve using substitution -2x-3y=-15 -3x+9y=12arrow_forward
- Suppose that 7000 is placed in an accout that pays 4% interest. Interest compunds each year. Assume that no withdraws are made. How much would the account have after 1 year? And how much would the account have after 2 years?arrow_forwardUse substitution to solve the equations -2x+5y=18 x=2y-8arrow_forwardAt the beginning of year 1, you have $10,000. Investments A and B are available; their cash flows per dollars invested are shown in the table below. Assume that any money not invested in A or B earns interest at an annual rate of 2%. a. What is the maximized amount of cash on hand at the beginning of year 4.$ ___________ A B Time 0 -$1.00 $0.00 Time 1 $0.20 -$1.00 Time 2 $1.50 $0.00 Time 3 $0.00 $1.90arrow_forward
- 7. The demand for a product, in dollars, is p = D(x) = 1000 -0.5 -0.0002x² 1 Find the consumer surplus when the sales level is 200. [Hints: Let pm be the market price when xm units of product are sold. Then the consumer surplus can be calculated by foam (D(x) — pm) dx]arrow_forward2. Claim events on a portfolio of insurance policies follow a Poisson process with parameter A. Individual claim amounts follow a distribution X with density: f(x)=0.0122re001, g>0. The insurance company calculates premiums using a premium loading of 45%. (a) Derive the moment generating function Mx(t).arrow_forward4. Find the general solution and the definite solution for the following differential equations: (a) +10y=15, y(0) = 0; (b) 2 + 4y = 6, y(0) =arrow_forward
- 5) For each function represented by an equation, make a table and plot the corresponding points to sketch the graph of the function. (a) y = 75 ()* 220 X y 200- -2 180 160 -1 140 0 120 100 1 60 80 2 3 4 x (b) y = 20 ()* 1 60 40 20 20 0 2 3 65- -1 X y 60 -2 55- 50 45 44 40 0 35- 30 1 25 2 20 20 15 3 10 5 LO 4 3-2 T -1 0 5- 4- -3- 2-arrow_forward5. Find the solution to each of the following by using an appropriate formula developed in the lecture slides: (a) + 3y = 2, y(0) = 4; (b) dy - 7y = 7, y(0) = 7; (c) 3d+6y= 5, y(0) = 0arrow_forward1. Evaluate the following improper integrals: (a) fe-rt dt; (b) fert dt; (c) fi da dxarrow_forward
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